505 BELAIR AVENUE, MERRITT ISLAND, FL, 32953
Active114 days on marketListed Jun 19, 2026MLS #O6418610
About this home
505 BELAIR AVENUE
Welcome to 505 Belair Ave, Merritt Island, FL! This beautifully renovated 3-bedroom, 2-bathroom home offers the perfect combination of modern updates, functional living space, and an unbeatable location on Florida’s Space Coast. Recently remodeled from top to bottom, this move-in-ready property features a spacious open-concept floor plan, a large living area perfect for entertaining, and a stylish kitchen equipped with brand-new stainless-steel appliances. Downstairs, you’ll find a generously sized bonus room that provides endless possibilities for a home office, game room, fitness area, media room, or additional living space. The oversized two-car garage offers plenty of room for vehicles, storage, and hobbies. Situated on a large lot, the property boasts a spacious yard with ample room for outdoor entertaining, gardening, pets, or future additions. Conveniently located just minutes from the beaches, residents can enjoy quick access to the Atlantic Ocean, boating, fishing, and all the outdoor recreation the Space Coast is known for. This prime Merritt Island location also places you near shopping, dining, parks, highly rated schools, Port Canaveral, and the world-famous Kennedy Space Center. With easy access to major roadways, commuting to Cocoa Beach, Cape Canaveral, Melbourne, and Orlando is a breeze. Don’t miss this opportunity to own a fully renovated home in one of Merritt Island’s most desirable and convenient locations. Schedule your private showing today!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,538
Sqft
0.2 ac
Lot size
2
Garage
1963
Year built
Two
Levels
$211
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,515 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,515/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−21.6%
$/sqft vs Merritt Island actives
$211 vs $253
Days on market
114 vs 65 typical
Where $211/sqft sits among the 35 Merritt Island actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Hampton Homes
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Merritt Island. See the full Merritt Island guide →
Hampton Homes — neighborhood snapshot
Population
1,363
Median age
46
Median income
$71,105
Median home value
$256,850
Avg household
3
Households w/ children
152
For the school run
Brevard County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Merritt Island market
$430K → $445K
Merritt Island median sold, yr/yr
97.1%
Sale-to-list ratio (12 mo)
15 of 35
Merritt Island actives have cut their price
Median sold price, Merritt Island, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 34% above the MERRITT ISLAND 32953 median. See the full Merritt Island market guide →
Paper trail
This home's history
Reality check
What actually sold near 505 BELAIR AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$665,000
630 PAULA AVENUE · same community
3 bd · 2 ba · 1,660 sqft · $401/sqft · 173 DOM
Sold · Mar ’26$579,000
455 SAN CRISTOBAL COURT
3 bd · 2 ba · 1,496 sqft · $387/sqft · 2 DOM
Sold · Oct ’25$430,000
955 RICHLAND AVENUE
3 bd · 2 ba · 1,482 sqft · $290/sqft · 45 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Gianfranco Di Flumeri
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 505 BELAIR AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 505 BELAIR AVENUE — before you fall in love.
See it in person
Schedule a tour
Live availability from Gianfranco's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
505 BELAIR AVENUE FAQs
What would the monthly payment be for 505 BELAIR AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,515/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 505 BELAIR AVENUE?+
The most recent tax bill on record (2025) was $3,580. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Merritt Island?+
At $325,000, this home is listed about 39% below the Merritt Island median of $534,950. The market section on this page shows how the area is trending.
Which schools are assigned to 505 BELAIR AVENUE?+
Mila Elementary School (elementary), Merritt Island High School (high), Thomas Jefferson Middle School (middle) — Brevard County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$325,000 runs 34% above the MERRITT ISLAND 32953 median.
02Strong assigned schools
Mila Elementary School, Merritt Island High School, Thomas Jefferson Middle School — Thomas Jefferson Middle School rates 4 of 5. Always verify assignments with the district.
03The price has already moved
Listed at $385,000, now $325,000 — a $60K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of VINTAGE REALTY SOLUTIONS · Patrick Westervelt, LLC. MLS #O6418610.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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